Scottish businessman John Shepherd-Barron came up with the concept of a self-service machine in 1965. The first Automated Teller Machine (ATM) was established outside an Enfield, north London, branch of Barclays Bank in 1967.
There is still some controversy over the invention. The first ever ATM was his creation, however a mechanical dispenser had been developed by Luther George Simjian[citation needed] and was installed in 1939 at the City Bank of New York. It was removed from the bank the same year it was installed due to lack of customer demand. Shepherd-Barron's machine was the first true ATM.
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